SPAIN: Inditex H1 Profits Rocket To $119m
Spanish fashion giant Inditex on Thursday revealed a better-than-expected 32 per cent year-on-year jump in first half net profit to $119 million as shoppers flocked to its flagship Zara brand. The company, whose other banners include Pull & Bear, Massimo Dutti, Bershka, Stradivarius, and Oysho, said net sales jumped 25 per cent to $1.6 billion from the year-ago period.
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